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Musk-Backed xAI Projected to Surpass $13 Billion in Annual Revenue by 2029
1 week ago /
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Author：小编
According to Morgan Stanley, the artificial intelligence startup, xAI, is anticipated to reach an annual revenue of over $13 billion by 2029. Bloomberg has reported that Morgan Stanley is actively seeking investors for the issuance of a $5 billion debt for xAI and has made its financial records available to investors who have pledged to commit at least $50 million. This ambitious venture is supported by billionaire Elon Musk.
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